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RADIO SPECTRUM MEASUREMENT SYSTEM

 

CANNONBALL BAKER

 

CHARLES KURALT

 

RECALLS

 

ARLO GUTHRIE

"You know, if one person, just one person buys a Travco, they may think he's really sick and they won't take him. And if two people buy a Travco--in harmony--they may think they're both mentally deficient and they won't take either of them. And if three people do it! Can you imagine three people walkin' in, buy'n a Travco and walkin'out? They might think it's an organization! And can you imagine fifty people a day? I said fifty people a day--walkin' in buy'n a Travco and walkin' out? Friends, they may think it's a movement, and that's what it is: The Travco Anti-Establishment Movement!"

 

DID TRAVCO GO OUT OF BUSINESS BECAUSE DODGE CEASED MAKING CHASSIS?

In an unsuccessful effort to increase the attractiveness of the financially troubled Travco corporation to outside investors, respondents (shareholders) voluntarily surrendered some of their shares to the corporation, thereby reducing their combined percentage ownership from 72.5 percent to 68.5 percent. Respondents received no consideration for the surrendered shares, and no other shareholders surrendered any stock. The corporation eventually was liquidated.

Respondents Peter and Karla Fink were the principal shareholders of Travco Corporation, a Michigan manufacturer of motor homes. Travco had one class of common stock outstanding and no preferred stock. Mr. Fink owned 52.2 percent, and Mrs. Fink 20.3 percent, of the outstanding shares. Travco urgently needed new capital as a result of financial difficulties it encountered in the mid-1970's. The Finks voluntarily surrendered some of their shares to Travco in an effort to "increase the attractiveness of the corporation to outside investors."  The effort to attract new investors was unsuccessful, and the corporation eventually was liquidated

 

PERFECT GIFT

 

 

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TRAVCO IN NASCAR!

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